Fxs forex news
Here are some recent and important forex news updates:
Market News
- US-China Trade Talks Resume: The US and China have resumed trade talks in Beijing, with both sides looking to reach a deal to end the trade war. The news has boosted market sentiment, with the US dollar weakening against major currencies.
- UK Parliament Votes on Brexit: The UK Parliament has voted on the Brexit deal, with the majority rejecting the agreement. This has led to increased uncertainty and volatility in the pound.
- US GDP Growth Slows: The US GDP growth rate has slowed to 2.1% in the fourth quarter, down from 2.6% in the previous quarter. This has raised concerns about the health of the US economy.
- ECB Keeps Interest Rates Unchanged: The European Central Bank has kept interest rates unchanged, citing low inflation and a stable economy.
- US Jobless Claims Rise: US jobless claims have risen to 225,000, up from 214,000 the previous week. This has raised concerns about the labor market.
Economic Indicators
- US Core PCE Price Index: The US core PCE price index, a measure of inflation, has risen to 2.3% in January, up from 2.2% in December.
- German IFO Business Climate Index: The German IFO business climate index has fallen to 99.2 in February, down from 100.2 in January.
- UK Retail Sales: UK retail sales have fallen 0.6% in January, down from 1.3% in December.
- Australian Unemployment Rate: The Australian unemployment rate has fallen to 5.1% in January, down from 5.2% in December.
- Canadian GDP Growth: Canadian GDP growth has slowed to 1.3% in the fourth quarter, down from 1.7% in the previous quarter.
Currency Pairs
- EUR/USD: The euro has strengthened against the US dollar, reaching a high of 1.1345.
- GBP/USD: The pound has weakened against the US dollar, reaching a low of 1.2965.
- USD/JPY: The US dollar has weakened against the Japanese yen, reaching a low of 110.45.
- AUD/USD: The Australian dollar has strengthened against the US dollar, reaching a high of 0.7045.
- CAD/USD: The Canadian dollar has weakened against the US dollar, reaching a low of 1.3235.
Commodity Prices
- Oil Prices: Oil prices have fallen to $55.50 per barrel, down from $57.50 per barrel the previous day.
- Gold Prices: Gold prices have risen to $1,344.50 per ounce, up from $1,335.50 per ounce the previous day.
- Copper Prices: Copper prices have fallen to $2.65 per pound, down from $2.70 per pound the previous day.
These are just some of the recent forex news updates. It's always important to stay up-to-date with market news and economic indicators to make informed trading decisions.